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Montgomery County Property Tax Calculator

Maryland assesses property at the state level rather than through individual counties, with the Maryland Department of Assessments and Taxation's Montgomery County office handling local valuations on a rolling three-year cycle. The statewide Homestead Tax Credit then caps how much of a jump in assessed value can actually be taxed each year for an owner-occupied home. Montgomery County appears in the list above — enter a home value once it's selected.

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Estimate Your Maryland Property Tax
On a $640,300 home in Montgomery County, your estimated annual property tax is $5,430 ($453/month) at an effective rate of 0.85%.
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Annual Property Tax

$5,430

Monthly (Escrow)

$453

Effective Rate

0.85%

Montgomery County's effective rate (0.85%) is 8% lower than the Maryland average (0.92%).

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Montgomery County Effective Rate

0.85%

Vs. Maryland Average

8% lower

Maryland National Rank

#21 of 51

1 = highest statewide rate

County Median Home Value

$640,300

Estimated Annual Tax (Median Home)

$5,430

Monthly Equivalent

$453

Property tax in Montgomery County, Maryland

  • The Maryland Department of Assessments and Taxation reassesses each property on a rolling cycle roughly every three years, with the local Montgomery County office handling the process.
  • The statewide Homestead Tax Credit limits how much of a triennial assessment increase can actually be taxed for an owner-occupied home in a single year, smoothing out large jumps.
  • Owners can appeal a new assessment within the window specified on their notice, first to the local assessment office and then to the Maryland Tax Court if needed.
  • County and municipal rates get billed against the capped, credited figure rather than the raw new assessment.

Other large Maryland counties

Effective rate = aggregate real-estate taxes paid ÷ aggregate home value (ACS 2024 5-year).

County Effective Rate Median Home Value
Baltimore city 1.37% $229,600
Howard County 1.11% $597,900
Prince George's County 1.06% $426,000
Charles County 0.97% $428,500
Baltimore County 0.97% $349,300

See property tax across every county in Maryland at the Maryland property tax calculator , or check your Maryland income tax with the Maryland income tax calculator .

Frequently asked questions

How is property tax calculated in Montgomery County?

The state Department of Assessments and Taxation reassesses your property roughly every three years, and the Homestead Tax Credit then caps how much of that jump is actually taxable for an owner-occupied home in any given year, before county and municipal rates apply.

How do I appeal my Montgomery County assessment?

A formal case goes to the local Department of Assessments and Taxation office within the window shown on your assessment notice, with the Maryland Tax Court as a further step if you're unsatisfied with the result.

Does Montgomery County offer a homestead credit?

Yes — Maryland's Homestead Tax Credit caps how much an owner-occupied home's taxable assessment can grow in a single year, which smooths out the impact of the state's roughly every-three-years reassessment cycle.

Why did my Montgomery County assessment jump so much this year?

Maryland reassesses on a rolling multi-year cycle rather than annually, so several years of market appreciation can show up all at once in a single new assessment — though the Homestead Tax Credit limits how much of that jump is actually taxable in the near term.

Sources

Related insights

Use these guides for rule explanations, planning context, and follow-up questions beyond the calculator result.

Related Calculators

Last updated July 24, 2026 Tax year 2026 property tax estimates

Data sources: U.S. Census Bureau ACS 2024 5-year ACS + Tax Foundation

This tool is general information only, not financial advice.

Estimates are aggregate-derived from Census ACS data; actual bills depend on city, school-district, and special-district levies layered on top of the county rate, and on any homestead, senior, veteran, or other exemptions you qualify for.

Reviewed by USTax Tools Editorial Desk

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